Renowned media entrepreneur Dele Momodu has advised Nigerians to rethink their japa ambitions, stressing that financial stability and opportunities exist right at home.
In a recent interview with Teju Babyface, Momodu argued that with ₦30-40 million, a person can live comfortably and start a successful business in Nigeria instead of struggling abroad.
Rather than chasing greener pastures overseas, he urged Nigerians to explore business opportunities in Nigeria, from launching enterprises to establishing ranches or farms.
The Hard Truth About Living Abroad
Momodu painted a stark picture of the challenges of life overseas, warning that while the idea of moving abroad might seem appealing, the harsh financial realities can quickly become overwhelming.
According to him, the moment one has to pay rent, bills, and survive without support, the excitement of japa fades fast.
“The attraction of staying abroad is that when you go on vacation, everyone welcomes you. You’re staying with your family in a free house,” he said.
“The day you carry all your children to another man’s house and he knows you’re not leaving in a hurry, you’re going to see the difference.”
Momodu explained that renting a house abroad often leads to a lifetime of financial stress.
“The day you rent your own house, that is the trauma you’re going to carry for almost all the rest of your life,” he said.
“Because you now have to face the reality of paying your own bills abroad. And there’s no mercy—once your money finishes, your life goes. No mercy. Just remember that Dele Momodu said ‘No mercy abroad.’”
Nigeria Still Has Opportunities
Momodu dismissed the idea that ₦30-40 million isn’t enough to build a life in Nigeria, calling such a mindset unrealistic.
“If you had ₦30-40 million in Nigeria and you think you’re a poor man, I beg you, you’re a mad man,” he said.
“You have ₦30-40 million and you can’t set up a proper business in Nigeria? I beg you, think again.”
He also noted that security concerns exist everywhere, referencing a tragic event in New York where 3,000 people lost their lives in one day. Yet, Americans did not abandon their country.
“In Nigeria, you can even set up your own security if needed,” he added.
For those worried about food security, Momodu suggested that with ₦30 million, one could start a ranch with cows and other resources.
Is Japa Worth It?
Momodu’s message serves as a wake-up call to those who believe moving abroad guarantees success. While japa has its benefits, he reminds Nigerians that the cost of living abroad is high, and financial struggles can be severe.
For many, the dream of a better life overseas comes at a cost—one that should be carefully weighed before making the leap.
